Don’t forget to take the online banking survey for your chance to win a $100 Visa^® gift card!*

To enter please visit the website address provided at the end of the survey.
Take Survey

* No purchase or payment of any kind is necessary to enter to win this contest. A purchase will not improve your chances of winning. Sweepstakes (the “enter to win”) is only open to legal residents of the U.S. and the District of Columbia and is void where prohibited by law. Entrants must be 18 years of age or older. Persons submitting entries need not be a customer of the bank to enter. Being a customer of the bank will not improve your chances of winning. Employees of StonehamBank (the “Sponsor”) and their respective affiliates, subsidiaries, advertising and promotion agencies, suppliers and their immediate family members and/or those living in the same household of each are not eligible to participate in the Sweepstakes. The Sweepstakes is subject to all applicable federal, state and local laws and regulations. The sponsor’s address is 80 Montvale Avenue, Stoneham, MA 02180. All entries must be received by 5:59PM on May 28th, 2021. The winner of the Sweepstakes will be selected in a random drawing under the supervision of StonehamBank. The winner will be selected on June 4th, 2021. The winner will be notified via email to the email address they entered within five (5) days following the winner selection. The odds of winning are determined by the number of entries. StonehamBank shall have no liability for a winner’s failure to receive notices due to the winners’ spam, junk e-mail or other security settings or for winner’s provision of incorrect or otherwise non-functioning contact information. If the selected winner cannot be contacted, is ineligible, or fails to claim the prize within 15 days from the time the award notification was sent, the prize may be forfeited, and an alternate winner selected. The retail value of the Visa® Gift Card is $100.00. The winner is solely responsible for any federal, state and local taxes, and must provide the sponsor with a valid social security number or taxpayer identification number before the prize will be awarded. A form 1099 will be issued to the winner. Brands mentioned are not sponsors or participants in this promotion.

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Notice of Expiration of the Temporary Full FDIC Insurance Coverage For Noninterest-Bearing Transaction Accounts

November 20, 2012

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account, or IOLTA) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit FDIC's website.

All accounts at StonehamBank will continue to be insured in full. The Federal Deposit Insurance Corporation (FDIC) insures each depositor to at least $250,000. The Share Insurance Fund (SIF) of The Co-operative Central Bank insures all deposits above these amounts. For more information about the Share Insurance Fund, please visit http://www.coopcentralbank.com/

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